Also trades as: 0HRR.L (LSE) · $vol 0M

$57.43

-4.59 (-7.40%)

After Hours: $58.27 (+0.84, +1.45%)

Weekly Expected Move ±6.6%

$50 $54 $58 $62 $66

NYSE · Energy · Oil & Gas Refining & Marketing · Tech Score Buy · Power 64 · $5.8B mcap · 29M float · 3.47% daily turnover · Short 56% of daily vol

Credit Risk of going bust: higher than 60% of companies Debt: 22.4% of company value Bonds: $102.4M held by 201 funds, 273 bp over Treasuries → details ▾

Of US companies ranked in the middle of the pack, about 1 in 580 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $1.82 (down 97%), CVR Energy, Inc. would be worth roughly what it owes.
Total debt $1.80B against a stock market value of $6.23B.
Distance to default 4.23 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $897.5M (short-term plus half of long-term), stock volatility 53.8%; Altman Z'' 0.74. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$7.2B -5.9% ▼

5Y CAGR: +12.7%

Gross Profit

$299M +51.8% ▲

Operating Income

$145M +150.0% ▲

Net Income

$27M +285.7% ▲

EPS (Diluted)

$0.26 +273.0% ▲

EBITDA

$550M +39.6% ▲

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$7.2B	$10.9B	$9.2B	$7.6B	$7.2B
YoY Growth	+84.3%	+50.5%	-15.1%	-17.7%	-5.9%
Cost of Revenue	$7.0B	$9.8B	$8.0B	$7.4B	$6.9B
Gross Profit	$209M	$1.1B	$1.3B	$197M	$299M
Gross Margin	2.9%	10.3%	13.7%	2.6%	4.2%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$119M	$149M	$141M	$139M	$148M
Operating Expenses	$122M	$160M	$143M	$139M	$154M
Operating Income	$87M	$963M	$1.1B	$58M	$145M
Operating Margin	1.2%	8.8%	12.1%	0.8%	2.0%
Interest Expense	$117M	$85M	$52M	$77M	$105M
Income Before Tax	$66M	$801M	$1.1B	$19M	$80M
Tax Expense	-$8M	$157M	$207M	-$26M	-$10M
Net Income	$25M	$463M	$769M	$7M	$27M
Net Margin	0.3%	4.2%	8.3%	0.1%	0.4%
EPS (Diluted)	$0.25	$4.60	$7.65	$0.07	$0.26
EBITDA	$462M	$1.2B	$1.4B	$394M	$550M
Shares Outstanding	100M	100M	100M	100M	100M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.8B	$1.9B	$1.6B	$1.8B	$1.9B	$1.8B	$2.0B	$2.7B
Cost of Revenue	$1.9B	$1.9B	$1.7B	$1.8B	$1.4B	$1.9B	$2.3B	$2.6B
Gross Profit	-$73M	$56M	-$93M	-$68M	$560M	-$100M	-$287M	$117M
Gross Margin	-4.0%	2.9%	-5.7%	-3.9%	28.8%	-5.5%	-14.5%	4.3%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$40M	$36M	$37M	$36M	$42M	$33M	$39M	$34M
Operating Expenses	$40M	$35M	$38M	$35M	$48M	$33M	$39M	$39M
Operating Income	-$113M	$21M	-$131M	-$103M	$512M	-$133M	-$326M	$78M
Operating Margin	-6.2%	1.1%	-8.0%	-5.8%	26.3%	-7.3%	-16.5%	2.8%
Interest Expense	$18M	$21M	$25M	$30M	$25M	$26M	$26M	$25M
Income Before Tax	-$128M	$28M	-$154M	-$132M	$489M	-$123M	-$189M	$56M
Tax Expense	-$6M	-$12M	-$49M	-$42M	$88M	-$7M	-$29M	$10M
Net Income	-$124M	$29M	-$123M	-$114M	$374M	-$110M	-$192M	-$3M
Net Margin	-6.8%	1.5%	-7.5%	-6.5%	19.2%	-6.1%	-9.7%	-0.1%
EPS (Diluted)	$-1.23	$0.29	$-1.22	$-1.14	$3.72	$-1.09	$-1.91	$-0.03
EBITDA	-$35M	$123M	-$61M	-$24M	$623M	$48M	-$84M	$155M
Shares Outstanding	100M	100M	100M	100M	101M	100M	100M	100M

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